21–30 of 720 posts
"Works like a debit card when you swipe it" - I'd probably get this if I wouldn't effectively be paying several hundreds of dollars per year for it in losses of credit card rewards.
You won't lose any rewards. It's cloning your credit card number and info and using it like it was your real card. Their FAQ's address this.
How would you prevent mass credit card theft in this case? Couldn't an unscrupulous person, say a waiter at a restaurant, take your card, use his/her own Coin to make a copy of your card, add it to their own Coin, and then use that card at their leisure at a future date? I know, the same question was asked re: Square and the like, but the difference is that you need a Square account to steal other people's cards, and…
I typically hand out a Google Voice # as a sort of DNS for phone calls so that I can change my device number at will.
Wouldn't this allow me to swap out credit cards in a pinch without having to carry new plastic? Or, as you suggest, if I lose my Coin do I have to get all new cards?
How would you prevent mass credit card theft in this case? Couldn't an unscrupulous person, say a waiter at a restaurant, take your card, use his/her own Coin to make a copy of your card, add it to their own Coin, and then use that card at their leisure at a future date? I know, the same question was asked re: Square and the like, but the difference is that you need a Square account to steal other people's cards, and…
Are the card issuers going to be happy about what amounts to card cloning, or am I missing something here?